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China Airlines reports profits in 2010

1-Apr-2011 12:21 PM

China Airlines revenue up 41% - financial highlights for the 12 months ended 31-Dec-2010:

  • Operating revenue*: USD4698 million, +40.8% year-on-year;
  • Operating costs: USD3862 million, +24.6%;
  • Operating expenses: USD334.0 million, +13.4%;
  • Operating profit: USD502.2 million, compared to a loss of USD57.7 million in p-c-p;
  • Net profit: USD361.3 million, compared to a loss of USD129.4 million in p-c-p;
  • Total assets: USD6908 million, -4.0%;
  • Cash and cash equivalents: USD367.2 million, +95.3%;
  • Total liabilities: USD5253 million, -9.4%.

*Based on the conversion rate USD1 = TWD29.402